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The virtual Presidential Commissioning Ceremony of the Kashimbila Multipurpose Dam and Hydropower Project has kicked off.
#GovtAtWorkNG #PMBAtWork
#GovtAtWorkNG #PMBAtWork
The Kashimbila Dam was built by the Federal Ministry of Water Resources @FMWRNigeria, and the accompanying Power Plant and Transmission Line by the Federal Ministry of Power. The contract for the project was originally awarded in 2007, with a completion period of 36 months.
Chairman, Takum Traditional Council, Ruler, HRH Ephraim Bala Ashumanu: “We thank @NigeriaGov for this Buffer Dam, which has given birth to electricity & water supply. We thank the FGN for all they have done. We want the Project to give employment to the youth of the communities.”
Minister of Works and Housing, Babatunde Fashola, last Friday unveiled Business Process Automation of Certificates of Occupancy for Federal Government Lands at the Ministry of Works and Housing Headquarters, Abuja.
#GovtAtWorkNG
#GovtAtWorkNG
With the digitalization, manual processing of application for and signing of CofO which used to be time-consuming would stop with the introduction of the digital platform. The process that "used to take 3 months will now be available in 24 hours," Babatunde Fashola stated.
Also, the process automation will improve efficiency in land registration, prevent the issuance of counterfeit CofO and increase revenue to the government.
So far, over 2,200 files have been digitalized.
So far, over 2,200 files have been digitalized.
STATE HOUSE PRESS RELEASE
$600M FOR YOUNG NIGERIANS IN TECHNOLOGY, CREATIVE SECTORS READY AS OSINBAJO LAUNCHES SCHEME
*Funding by @AfDB_Group, @AFD_en, @isdb_group, @BOINigeria for young Nigerians ages 15-35
#Thread
$600M FOR YOUNG NIGERIANS IN TECHNOLOGY, CREATIVE SECTORS READY AS OSINBAJO LAUNCHES SCHEME
*Funding by @AfDB_Group, @AFD_en, @isdb_group, @BOINigeria for young Nigerians ages 15-35
#Thread
Vice President @ProfOsinbajo today launched a $600 million programme for young Nigerians in the technology and creative sectors with a call on African governments and the private sector to do more to support the growth of innovation in the continent.
#iDICENigeria #AsoVillaToday
#iDICENigeria #AsoVillaToday
The Vice President spoke at the presidential launch of the Investment in Digital and Creative Enterprises (i-DICE) Programme, held at the State House Banquet Hall, Abuja.
Cost of Pres. @MBuhari’s #PIDFund projects:
1. Abuja-Kaduna-Zaria-Kano Expressway (375km): 797 Billion Naira
2. Second Niger Bridge (11.59km): 206 Billion Naira
3. Lagos-Ibadan Expressway (127km): 310 Billion Naira
Total: 1.3 TRILLION NAIRA
#StateHouseBriefing #GovtAtWorkNG
1. Abuja-Kaduna-Zaria-Kano Expressway (375km): 797 Billion Naira
2. Second Niger Bridge (11.59km): 206 Billion Naira
3. Lagos-Ibadan Expressway (127km): 310 Billion Naira
Total: 1.3 TRILLION NAIRA
#StateHouseBriefing #GovtAtWorkNG
When will the #PIDFund projects be completed?
According to BRF:
Lagos Ibadan Exp and Second Niger Bridge on course to be completed this year 2022.
Main Carriageway of Abuja-Kaduna-Zaria-Kano Exp scheduled for completion by Q2 2023; Ancillary works will be completed later.
According to BRF:
Lagos Ibadan Exp and Second Niger Bridge on course to be completed this year 2022.
Main Carriageway of Abuja-Kaduna-Zaria-Kano Exp scheduled for completion by Q2 2023; Ancillary works will be completed later.
Infrastructure = Jobs, Economic Growth, Investment.
The Nigeria Sovereign Investment Authority is an investment institution of the federal government with the mandate to drive sustained economic development for the benefit of all Nigerians through...
...building a savings base for the Nigerian people, enhancing the development of Nigeria’s infrastructure and providing stabilisation support in times of economic stress.
Below are highlights of @nsia_nigeria performance for the year 2020:
- Recorded 343% growth in Total Comprehensive Income to N160.06 billion in 2020 (previous year: N36.15 billion).
- Achieved 33% growth in Net Assets to N772.75 billion (previous year: N579.54 billion).
- Recorded 343% growth in Total Comprehensive Income to N160.06 billion in 2020 (previous year: N36.15 billion).
- Achieved 33% growth in Net Assets to N772.75 billion (previous year: N579.54 billion).
UPDATES FROM THE @MBuhari ECONOMIC SUSTAINABILITY PLAN:
#DidYouKnow More than two thousand (2,000) hectares of land with titled documents have been given by 24 States for the Buhari administration’s Social Housing programme.
#Thread #GovtAtWorkNG #infrastructure
#DidYouKnow More than two thousand (2,000) hectares of land with titled documents have been given by 24 States for the Buhari administration’s Social Housing programme.
#Thread #GovtAtWorkNG #infrastructure
The Family Homes Fund Limited (FHFL) @FHFLNigeria is the implementing agency for the Social Housing scheme.
“We are having a successful push in assembling land to feed the housing construction. So far about 2,156.4 hectares have been assembled ready for development. This has the capacity to accommodate about 65,000 homes.” — Mr Femi Adewole, MD/CEO, @FHFLNigeria #ESPNigeria
We have well over 13,000km of federal roads under repair, rehabilitation and reconstruction. There is a road project in every state, there is housing or civil work in every state. Minister of @FMWHNIG, @tundefashola.
We have completed over 4,000km of roads out of those 13,000km and we are adding more and planning to complete more.
Through the Zonal Intervention Programme, we are in hundreds of communities, we have deliver thousands of programmes based on request by parliamentarians; thousands of street lights especially solar and borehole projects to people who had to go to rivers in search of clean water.
#DidYouKnow
The @SurvivalFund_ng of @NigeriaGov includes the following components:
-Artisan Support Fund
-Payroll Support Fund for SMEs
-Business Formalisation (free CAC registration for small Biz)
-Guaranteed Off-take Stimulus Scheme for SMEs
#GovtAtWorkNG #CovidStimulus
The @SurvivalFund_ng of @NigeriaGov includes the following components:
-Artisan Support Fund
-Payroll Support Fund for SMEs
-Business Formalisation (free CAC registration for small Biz)
-Guaranteed Off-take Stimulus Scheme for SMEs
#GovtAtWorkNG #CovidStimulus
Other Stimulus programs introduced by @NigeriaGov include:
-National Youth Investment Fund (NYIF)(N75 billion over 3 years)
-Ongoing Expansion of @npower_ng from present 500,000 to 1 million persons
-@cenbank credit intervention programmes in Agric, Healthcare, Manufacturing
-National Youth Investment Fund (NYIF)(N75 billion over 3 years)
-Ongoing Expansion of @npower_ng from present 500,000 to 1 million persons
-@cenbank credit intervention programmes in Agric, Healthcare, Manufacturing
“One of the specific interventions under the Economic Sustainability Plan (ESP) was what we describe as the Survival Fund, which essentially was a fund to protect jobs and to ensure that during the course of the pandemic and immediately thereafter, ..." - VP @ProfOsinbajo
"We not only implemented a new national minimum wage, but we also, last year, put forward legislation that ensured that minimum wage earners would pay no income tax." - Vice President @ProfOsinbajo
#GovtAtWorkNG
#GovtAtWorkNG
“We established the largest Social Investment Programme in Sub-Saharan Africa and we have since expanded many of its component programmes including @HUPcct for the poor from 2.6 million households (13m persons) to 7.2 million households (about 30m persons)." - VP @ProfOsinbajo
"... and COVID-19 Rapid Response for the Urban Poor which now has 4 million households (20 million persons).” - VP @ProfOsinbajo
Highway Development Management Initiative (HDMI): All You Need To Know
HDMI is an effort of the FG to mobilize private capacity, resources, and entrepreneurship into the Nigerian highway sector; and convert roads from just social assets into assets of commercial opportunities.
HDMI is an effort of the FG to mobilize private capacity, resources, and entrepreneurship into the Nigerian highway sector; and convert roads from just social assets into assets of commercial opportunities.
HDMI is made up of 2 categories namely the Value-added Concessions (VAC) and the Unbundled Assets Approvals (UAA):
UAA provides opportunity for small businesses to take advantage of the commercial opportunities that are available along...
UAA provides opportunity for small businesses to take advantage of the commercial opportunities that are available along...
... the Right-Of-Way;
Under the VAC the road pavement and entire right of way is concessioned for development and management by the concessionaire.
#GovtAtWorkNG
Under the VAC the road pavement and entire right of way is concessioned for development and management by the concessionaire.
#GovtAtWorkNG
President @MBuhari has sent the 2021 budget proposal of the Nigeria Police Trust Fund to the National Assembly for consideration and approval, in line with Sections 4, 5 and 21 of the Nigeria Police Trust Fund Establishment Act 2019. #GovtAtWorkNG
The Nigeria Police Trust Fund was established following Presidential assent to the Establishment Bill in 2019, as a special intervention fund for:
-Training and retraining of Police personnel
-Procurement of equipment, operational vehicles and other related facilities...
-Training and retraining of Police personnel
-Procurement of equipment, operational vehicles and other related facilities...
-Construction of Police Stations, barracks and other living facilities for personnel of the Nigeria Police Force and
their dependents.
their dependents.
In the last four days the Minister of @FMWHNIG, @tundefashola and other senior government officials have visited the 3 flagship projects under the Presidential Infrastructure Development Fund #PIDFund and assured of President @MBuhari’s commitment to completing all three by 2023.
The Project Update Inspection Tour started with the Abuja-Kaduna-Zaria-Kano Dual Carriageway (under reconstruction) on Thursday November 19, 2020. The Chief of Staff to the President, Prof Ibrahim Gambari, led a delegation that held a Town Hall Meeting with project stakeholders.
On Friday November 20, the Minister of @FMWHNIG, @tundefashola carried out a Project Update Inspection of the Main Works and Associated Infrastructure of the Second Niger Bridge Project in Anambra and Delta States, and also held a Town Hall Meeting with Stakeholders.
Accessing the past 4 years of @ndphconline, @ChieduUgbo, MD/CEO mentioned:
"In terms of distribution, we did quite a lot in distribution project, and since 2015 we have completed over 70 distribution projects, in terms of big substations, high and low voltage distribution lines.”
"In terms of distribution, we did quite a lot in distribution project, and since 2015 we have completed over 70 distribution projects, in terms of big substations, high and low voltage distribution lines.”
“We did a transmission line from Ikot-Ekpene through Enugu, through Makurdi, then overhead Nasarawa state to Jos. We are building a massive transmission substation in Lafia and that substation will ensure that the state is well served. We are at 95% completion.”
#GovtAtWorkNG
#GovtAtWorkNG
On community impact: “A senatorial district in Ondo was out of electricity for over 10 years, but we connected them back to the grid. In Lagos, some villages were out of electricity for 10 years, we went to the substation @ndphconline built to get electricity to Ikeja west.
First Year Ministerial Performance Review Retreat, at the State House this morning. Ministers, Heads of MDAs, senior government officials in attendance. VP @ProfOsinbajo presiding, President @MBuhari is in Niamey, Niger for the @ecowas_cedeao Meeting. #AsoVillaToday
VP, SGF, COS have arrived for the 2020 #CabinetRetreatNG.
The first one held when the Ministers assumed office in Aug 2019. Each Minister was assigned a list of priority projects and programs in line with 9 defined “priority areas.”
This Retreat will review progress since then.
The first one held when the Ministers assumed office in Aug 2019. Each Minister was assigned a list of priority projects and programs in line with 9 defined “priority areas.”
This Retreat will review progress since then.
Here’s how it’s worked over the last year: When each Minister took office a year ago, they were handed Ministerial Mandates that had to be Signed by the Minister and Perm Sec.
Each Min was then expected to cascade the Mandate to CEOs of parastatals under them. #CabinetRetreatNG
Each Min was then expected to cascade the Mandate to CEOs of parastatals under them. #CabinetRetreatNG
.@FinMinNigeria Economic Feats In The Last 1 Year
1. Planning:
- Commenced the Medium-Term National Development Plan (MTNDP) 2021-2025 &the Long-Term plan Agenda 2050 that succeed vision 2020 & the ERGP respectively.
- Prepared 2020-2023 MTEF which has been passed by @nassnigeria
1. Planning:
- Commenced the Medium-Term National Development Plan (MTNDP) 2021-2025 &the Long-Term plan Agenda 2050 that succeed vision 2020 & the ERGP respectively.
- Prepared 2020-2023 MTEF which has been passed by @nassnigeria
- Approved the establishment of Geo-Reference Infrastructure and Demographic Data for Development (GRID3)
- Commenced the development of the Macro Economic Framework for the proposed Medium-Term plan as well as the perspective.
#GovtAtWorkNG
- Commenced the development of the Macro Economic Framework for the proposed Medium-Term plan as well as the perspective.
#GovtAtWorkNG
2. Infrastructural Financing:
- Deployment of the bulk of the proceeds of the N100 billion Sukuk raised in 2018, towards the rehabilitation and repairs of 28 road projects across the 6 geopolitical zones of the country.
- Provided N802.82 billion as New Domestic Borrowing...
- Deployment of the bulk of the proceeds of the N100 billion Sukuk raised in 2018, towards the rehabilitation and repairs of 28 road projects across the 6 geopolitical zones of the country.
- Provided N802.82 billion as New Domestic Borrowing...
Minister of State for Mines and Steel Development, Dr Uchechukwu Sampson Ogah, last week paid a two-day working visit to Benue State. During the visit he met with Governor Samuel Ortom, visited coal mining activities in the State, and met with mining stakeholders. #GovtAtWorkNG
Minister of State, Mines and Steel Development @fmmsdngr, Dr. Uchechukwu Sampson Ogah inspects a mining site at Owukpa, Ogbadibo LGA of Benue State, on Friday 28th August 2020 #GovtAtWorkNG
During his visit Dr. Ogah urged the Benue State Government to support the programmes of the Mineral Resources and Environmental Management Committee (MIREMCO). He also pledged the FG’s determination to ensure that Mining operations are carried out responsibly by Mining Companies.
Economic Policy Actions Of The @FinMinNigeria In The Last One Year
-Finance Act, which passage has achieved: VAT rate increase from 5% to 7.5%; introduction of a N25million threshold for small and medium enterprises for eligibility for VAT collection; reduced Tax rates for SMEs;
-Finance Act, which passage has achieved: VAT rate increase from 5% to 7.5%; introduction of a N25million threshold for small and medium enterprises for eligibility for VAT collection; reduced Tax rates for SMEs;
...automation of import duty exemption certificate (IDEC) and vehicle registration (V-REG); and automation of the collection of stamp duty.
- #COVID19 Response and Fiscal Stimulus: Provided debt relief to states; developed a N2.2 trillion economic stimulus plan;...
- #COVID19 Response and Fiscal Stimulus: Provided debt relief to states; developed a N2.2 trillion economic stimulus plan;...
...provided N500 billion for COVID19 Crisis Intervention Fund; reviewed 2020 Budget based on the current realities; funded the Presidential Task Force on COVID19 response and mobilised funding from domestic and external sources for the implementation of 2020 budget.
#GovtAtWorkNG
#GovtAtWorkNG
The Abuja National Stadium, renamed in honour of Chief Moshood Abiola (MKO) by President @MBuhari in 2018, is now getting a facelift courtesy of the Dangote Industries Limited. DIL will be restoring the main bowl pitch and also replacing the scoreboards. #partnerships #sports
This gesture by the Dangote Industries Limited is in line with the Adoption Campaign launched by the Minister of @NigeriaFMYS, @SundayDareSD in December 2019, to create an avenue for the private sector to support @NigeriaGov in its efforts to restore national sporting monuments.
Alhaji Aliko Dangote adopted the MKO Abiola Stadium, Abuja; while Chief Kessington Adebutu adopted the National Stadium, Lagos. #GovtAtWorkNG
In line with the vision of @NigeriaGov to curb poverty and boost productivity in different parts of Nigeria, @geep_ng has provided palliative microloans to 87,614 petty traders hit by #COVID19 pandemic in 20 states of the country in the first phase of disbursement.
#GovtAtWorkNG
#GovtAtWorkNG
These palliative microloans have helped petty traders revive their businesses, as the government eases #lockdown measures nationwide.
The second phase of the disbursement will target 412,386 petty traders across the country.
#GovtAtWorkNG
The second phase of the disbursement will target 412,386 petty traders across the country.
#GovtAtWorkNG
On getting the loans, a number of beneficiaries expressed their relief and appreciation for the palliative.
Blessing Mohammed, a plantain seller at Obalende, Lagos got the loan and she was able to restart her plantain business that had stopped during the #lockdown.
Blessing Mohammed, a plantain seller at Obalende, Lagos got the loan and she was able to restart her plantain business that had stopped during the #lockdown.
Minister of @FinMinNigeria, @ZShamsuna speaks on @NigeriaGov's Economic Sustainability Plan (ESP).
"ESP is a plan that is for 12 months, designed to help the economy and also help our capacity in reaching the health challenges that we are facing as a result of #COVID19"
"ESP is a plan that is for 12 months, designed to help the economy and also help our capacity in reaching the health challenges that we are facing as a result of #COVID19"
"The target is to create 300,000 houses at low cost, and 80-90% of the material used in their construction will be local. We will be providing the funds through @cenbank to small size developers, young groups of 3-5 architects and engineers."- @ZShamsuna on the mass housing plan.
"Our commitment is to build a lot of rural roads to link farmers and bring into cultivation between 20,000 to 100,000 hectares of new farmlands. Our target is to get more people back to their farmlands as soon as possible."- @ZShamsuna.
“The total package that we presented is in the sum of N2.3 trillion, 500billion of this N2.3trillion is a stimulus package that is already provided for in the amended 2020 appropriations acts.”- Minster of @FinMinNigeria, @ZShamsuna.
#GovtAtWorkNG
#GovtAtWorkNG
"7 different states road construction was also approved for 122.28 billion."- Minister of @FMWHNIG, @tundefashola.
#GovtAtWorkNG
#GovtAtWorkNG
“We are close to delivering first ever National sport industry policy that is a policy that has a business model around sport that can create job for the mass of our youths.“- Minister of @NigeriaFMYS, @SundayDareSD.
#GovtAtWorkNG
#GovtAtWorkNG
INFORMATION:
President @MBuhari has directed that N19.67 Billion be released immediately to fast track the completion of section I-IV of East-West Road project by 2021 to address the deficient infrastructure in the region and boost the economic life of the people.
#GovtAtWorkNG
President @MBuhari has directed that N19.67 Billion be released immediately to fast track the completion of section I-IV of East-West Road project by 2021 to address the deficient infrastructure in the region and boost the economic life of the people.
#GovtAtWorkNG
"The project will not only redress infrastructural deficient in the region, its completion would assist the oil industry in terms of moving goods that will facilitate oil production...
...movement within the area, restiveness and boost the economic life of the people and the nation at large”- Minister of @MNDA_Ng, Godswill Akpabio.
#GovtAtWorkNG
#GovtAtWorkNG
NEW: @FMICNigeria issues new regulations prohibiting exclusivity of sporting rights in Nigeria. Broadcasters and exclusive licensees now mandated to share such rights with other broadcasters to boost reach and also maximise utilisation by all broadcasters of premium content.
NEW: @FMICNigeria issues new regulations to compel broadcasters to utilize the content and services of Nigerian independent producers, in fulfillment of the regulatory requirements
for 70% local content, and block loopholes currently being exploited to circumvent the rules.
for 70% local content, and block loopholes currently being exploited to circumvent the rules.
NEW: @FMICNigeria issues new regulations to ensure that producers of content are paid promptly for adverts and sponsored content placed on all TV,
radio and broadcast platforms; and to ensure that the production of adverts
are localized to create and promote local capacity.
radio and broadcast platforms; and to ensure that the production of adverts
are localized to create and promote local capacity.
Big News today.
“The Senate on Thursday passed President Buhari’s Finance Bill, 2019, which seeks an amendment of Nigeria’s tax laws.” — @NGRSenate
#GovtAtWorkNG
“The Senate on Thursday passed President Buhari’s Finance Bill, 2019, which seeks an amendment of Nigeria’s tax laws.” — @NGRSenate
#GovtAtWorkNG
“The Acts amended in the Finance Bill are:
Companies Income Tax Act, Cap C21 2004 (as amended to date);
Value Added Tax Act, Cap VI, LHN 2007 (as amended),
Customs and Excise Tariff (Consolidation) Act, Cap C49, 2004.
Personal Income Tax Cap P8, LFN 2007 (as amended);”
Companies Income Tax Act, Cap C21 2004 (as amended to date);
Value Added Tax Act, Cap VI, LHN 2007 (as amended),
Customs and Excise Tariff (Consolidation) Act, Cap C49, 2004.
Personal Income Tax Cap P8, LFN 2007 (as amended);”
Cont’d
“Capital Gains Tax Act Cap C1, LFN 2007;
Stamp Duties Act Cap S8, LFN 2004,
and the Petroleum Profit Tax Act (PPTA) 2004.”
#FinanceBill2019NG
“Capital Gains Tax Act Cap C1, LFN 2007;
Stamp Duties Act Cap S8, LFN 2004,
and the Petroleum Profit Tax Act (PPTA) 2004.”
#FinanceBill2019NG
